| Product Code: ETC7915038 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a steady flow of matcha tea import shipments from key exporting countries including Poland, Sri Lanka, Lithuania, UAE, and Russia. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024, the market showed resilience with a positive growth rate of 7.7% in 2024. The Herfindahl-Hirschman Index (HHI) indicated a moderate concentration in the market, suggesting a competitive landscape. With diverse sources of imports, Latvia`s matcha tea market remains dynamic and promising for future growth.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Matcha Tea Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Matcha Tea Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Matcha Tea Market - Industry Life Cycle |
3.4 Latvia Matcha Tea Market - Porter's Five Forces |
3.5 Latvia Matcha Tea Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Matcha Tea Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 Latvia Matcha Tea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of matcha tea |
4.2.2 Growing trend of adopting healthier lifestyles and diets |
4.2.3 Rising demand for natural and organic products |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality matcha tea in the market |
4.3.2 High price point compared to traditional tea varieties |
5 Latvia Matcha Tea Market Trends |
6 Latvia Matcha Tea Market, By Types |
6.1 Latvia Matcha Tea Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Matcha Tea Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Matcha Tea Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Latvia Matcha Tea Market Revenues & Volume, By RTD Beverage, 2021- 2031F |
6.1.5 Latvia Matcha Tea Market Revenues & Volume, By Instant Premixes, 2021- 2031F |
6.2 Latvia Matcha Tea Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Latvia Matcha Tea Market Revenues & Volume, By Classic, 2021- 2031F |
6.2.3 Latvia Matcha Tea Market Revenues & Volume, By Ceremonial, 2021- 2031F |
6.2.4 Latvia Matcha Tea Market Revenues & Volume, By Culinary, 2021- 2031F |
7 Latvia Matcha Tea Market Import-Export Trade Statistics |
7.1 Latvia Matcha Tea Market Export to Major Countries |
7.2 Latvia Matcha Tea Market Imports from Major Countries |
8 Latvia Matcha Tea Market Key Performance Indicators |
8.1 Number of new entrants in the matcha tea market |
8.2 Consumer engagement on social media platforms related to matcha tea |
8.3 Number of health and wellness events featuring matcha tea demonstrations |
9 Latvia Matcha Tea Market - Opportunity Assessment |
9.1 Latvia Matcha Tea Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Matcha Tea Market Opportunity Assessment, By Grade, 2021 & 2031F |
10 Latvia Matcha Tea Market - Competitive Landscape |
10.1 Latvia Matcha Tea Market Revenue Share, By Companies, 2024 |
10.2 Latvia Matcha Tea Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here